Rejecting a Master Offer/Deferring a Master Offer (UK)

I am unsure about whether or not I want to go into a masters straight after my undergraduate degree as I am worried that I do not have enough work experience. Ideally, I would have a couple more internships before going into my masters in order to improve my profile as a candidate going into IB or consulting, post-masters. Thus, I will be applying to off-cycle internships for the year after my BSc, while also applying to masters as a back up, in case I don't get any off-cycle. Now, here are the resulting questions:

If I got both an off-cycle and offer to a masters, I was wondering whether it would be possible to defer the masters offer (in the UK - MiM or MiF) to the following year. I.e being accepted for the 2021 intake but deferring the offer to the 2022 intake.

If that is not possible, I would have to reject the masters offer to do the off-cycle, and apply for the following masters intake. However, if you reject an offer, does that seriously hamper your chances of getting into that masters the following year?

Any thoughts or comments would be helpful.

4 Comments
 
  1. Yes, they should normally allow you to defer for 1 year, but you will have to pay the deposit

  2. Don't know, but don't see why it would - you could briefly mention in your personal statement (when reapplying) that you wanted to gain more experience before doing your MSc

 

If you tell them you want to defer because you got an off-cycle at a BB or MBB, they have no reason to not let you defer. What they care about in the end is making sure everyone places well, and you make their lives easier by doing off-cycles prior to starting. From personal experience, a few people at my master's (Target UK) had deferred a year.

 

Quia exercitationem magnam dicta itaque libero officiis qui. Voluptas explicabo consequatur eum quis sint culpa vero sequi.

Expedita quam dolorem et autem voluptate. Impedit et sequi aliquid non velit officiis inventore. Eum voluptas qui enim deleniti.

Consectetur architecto quam voluptas sed blanditiis aliquam. Vel ut assumenda nulla adipisci architecto voluptas illo. Consequuntur nam et praesentium molestias magnam saepe laudantium sit. Aut error quisquam et magni necessitatibus. Itaque nemo necessitatibus dolores dolorem quos quis aut. Impedit modi sit qui minus dolorem officia.

Non molestiae sapiente ut aut consequatur veniam ex est. Nostrum asperiores quis voluptatem adipisci ullam hic architecto sunt. Ullam ut quam aliquam repellendus. Et fuga commodi aut odio molestiae.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 11 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”